As an integrated wealth management firm, the importance of evaluating all aspects of one’s financial picture, from investments and estate plans to taxes and insurance has been one of the cornerstones of our practice.
We feel it is part of our fiduciary obligation to consider our clients’ insurance needs and believe that there are numerous effective and appropriate ways to incorporate insurance into an integrated financial plan.
In evaluating a clients’ insurance needs, we ask many questions to determine the key factors driving the need for coverage. Examples include the following:
- Are survivor needs the primary concern?
- Is a policy needed for asset protection?
- Will insurance assist in covering estate tax liability?
- Can a policy be used to provide for a liquidity shortage?
- Is there a need for an irrevocable life insurance trust?
- Is insurance needed as a tool to fund education due to an untimely death?
- Is a policy prudent for maximizing gifts to charity?
The reasons to put a policy in place are as varied as the needs of our clients. No two situations are identical.
M Financial Group™ is one of the nation’s premier groups of independent financial services firms. It was founded 30 years ago on the principle tthat “off the shelf” insurance products do not best meet the needs of affluent individuals. The client base of M member firms represent extraordinary premium volume, mortality and persistency trends as well as higher than average policy face amounts. This, coupled with M’s buying power, translates into the ability to work closely with major insurance carriers to create innovative and proprietary products designed for wealth preservation.
Working with an M member firm provides the assurance of working with professionals whose interests are aligned with those of their clients and who can provide truly customized approaches for specific client needs.
Carlson Capital Management is pleased to be aligned with M Financial Group as a member firm. We are one of only two M member firms in the state of Minnesota. We appreciate the kind of access, clarity and transparency we are able to offer our clients through our affiliation with M. It gives us the peace of mind that we are providing both a high quality and a transparent solution for our clients’ individual situation.
